Kulicke and Soffa Industries, Inc. designs, manufactures, and sells capital equipment and tools to assemble semiconductor devices.
Excellent balance sheet with reasonable growth potential.
Share Price & News
How has Kulicke and Soffa Industries's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: KLIC has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: KLIC underperformed the US Semiconductor industry which returned 40.8% over the past year.
Return vs Market: KLIC underperformed the US Market which returned 20.1% over the past year.
Price Volatility Vs. Market
How volatile is Kulicke and Soffa Industries's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StIs Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) Trading At A 50% Discount?
2 weeks ago | Simply Wall StShould You Think About Buying Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) Now?
1 month ago | Simply Wall StUpdate: Kulicke and Soffa Industries (NASDAQ:KLIC) Stock Gained 87% In The Last Five Years
Is Kulicke and Soffa Industries undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: KLIC ($26.21) is trading below our estimate of fair value ($53.33)
Significantly Below Fair Value: KLIC is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: KLIC is poor value based on its PE Ratio (95.8x) compared to the Semiconductor industry average (36.4x).
PE vs Market: KLIC is poor value based on its PE Ratio (95.8x) compared to the US market (18.3x).
Price to Earnings Growth Ratio
PEG Ratio: KLIC is poor value based on its PEG Ratio (2.3x)
Price to Book Ratio
PB vs Industry: KLIC is good value based on its PB Ratio (2.2x) compared to the US Semiconductor industry average (3.2x).
How is Kulicke and Soffa Industries forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: KLIC's forecast earnings growth (42.3% per year) is above the savings rate (1.7%).
Earnings vs Market: KLIC's earnings (42.3% per year) are forecast to grow faster than the US market (14.3% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: KLIC's revenue (18.8% per year) is forecast to grow faster than the US market (7.6% per year).
High Growth Revenue: KLIC's revenue (18.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if KLIC's Return on Equity is forecast to be high in 3 years time
How has Kulicke and Soffa Industries performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KLIC has high quality earnings.
Growing Profit Margin: KLIC's current net profit margins (3.3%) are lower than last year (15.9%).
Past Earnings Growth Analysis
Earnings Trend: KLIC's earnings have declined by -3.3% per year over the past 5 years.
Accelerating Growth: KLIC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: KLIC had negative earnings growth (-86.7%) over the past year, making it difficult to compare to the Semiconductor industry average (-27%).
Return on Equity
High ROE: KLIC's Return on Equity (2.3%) is considered low.
Return on Assets
Return on Capital Employed
How is Kulicke and Soffa Industries's financial position?
Financial Position Analysis
Short Term Liabilities: KLIC's short term assets ($926.6M) exceed its short term liabilities ($202.2M).
Long Term Liabilities: KLIC's short term assets ($926.6M) exceed its long term liabilities ($140.2M).
Debt to Equity History and Analysis
Debt Level: KLIC's debt to equity ratio (9.8%) is considered satisfactory.
Reducing Debt: KLIC's debt to equity ratio has increased from 2.3% to 9.8% over the past 5 years.
Debt Coverage: KLIC's debt is well covered by operating cash flow (46.1%).
Interest Coverage: KLIC earns more interest than it pays, so coverage of interest payments is not a concern.
Inventory Level: KLIC has a low level of unsold assets or inventory.
Debt Coverage by Assets: KLIC's debt is covered by short term assets (assets are 12.2x debt).
What is Kulicke and Soffa Industries's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: KLIC's dividend (1.83%) is higher than the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: KLIC's dividend (1.83%) is low compared to the top 25% of dividend payers in the US market (3.68%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, KLIC has been paying a dividend for less than 10 years.
Growing Dividend: KLIC has only been paying a dividend for 2 years, and since then payments have not increased.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (175.5%), KLIC's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Fusen Ernie Chen (60yo)
Dr. Fusen Ernie Chen, Ph.D., has been the President and Chief Executive Officer of Kulicke and Soffa Industries, Inc. since October 31, 2016. Dr. Chen served as the Chief Executive Officer and President of ...
CEO Compensation Analysis
Compensation vs Market: Fusen Ernie's total compensation ($USD4.38M) is about average for companies of similar size in the US market ($USD3.74M).
Compensation vs Earnings: Fusen Ernie's compensation has been consistent with company performance over the past year.
|Senior VP of Legal Affairs||2.3yrs||US$1.02m||0.23% $3.8m|
|Senior Vice President of Global Sales||0.3yrs||US$740.34k||0.23% $3.8m|
|Executive VP and GM of K&S Products and Solutions||3.1yrs||US$886.23k||0.16% $2.7m|
|Vice President of Global Operations||0.9yrs||no data||0.035% $590.7k|
|Director of Investor Relations & Strategic Planning||10yrs||no data||no data|
|Vice President of Global Human Resources||8.1yrs||no data||no data|
|Senior Vice President of Global Supply Chain||1.3yrs||no data||no data|
|Global Head of IT and Senior Director||5.5yrs||no data||no data|
|Secretary||0yrs||no data||no data|
Experienced Management: KLIC's management team is considered experienced (3.1 years average tenure).
|Chairman of the Board||5.4yrs||US$262.71k||0.21% $3.5m|
|Independent Director||6.3yrs||US$228.96k||0.099% $1.7m|
|Independent Director||16.3yrs||US$218.96k||0.037% $620.3k|
|Independent Director||8.2yrs||US$211.46k||0.12% $1.9m|
|Independent Director||6yrs||US$212.71k||0.11% $1.8m|
|Independent Director||7.3yrs||US$232.71k||0.11% $1.9m|
Experienced Board: KLIC's board of directors are considered experienced (6.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Kulicke and Soffa Industries, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Kulicke and Soffa Industries, Inc.
- Ticker: KLIC
- Exchange: NasdaqGS
- Founded: 1951
- Industry: Semiconductor Equipment
- Sector: Semiconductors
- Market Cap: US$1.673b
- Shares outstanding: 63.82m
- Website: https://www.kns.com
Number of Employees
- Kulicke and Soffa Industries, Inc.
- No. 01-01, K&S Corporate Headquarters
- 23A Serangoon North Avenue 5
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|KLIC||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Dec 1970|
|KU1||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Dec 1970|
Kulicke and Soffa Industries, Inc. designs, manufactures, and sells capital equipment and tools to assemble semiconductor devices. It operates in two segments, Capital Equipment, and Aftermarket Products and Services (APS). The Capital Equipment segment manufactures and sells ball and wedge bonders, and advanced packaging and electronic assembly solutions. The APS segment manufactures and sells capillaries, dicing blades, and bonding wedges. The company also services, maintains, repairs, and upgrades equipment. It serves semiconductor device manufacturers, integrated device manufacturers, outsourced semiconductor assembly and test providers, other electronics manufacturers, industrial manufacturers, and automotive electronics suppliers primarily in the United States and the Asia/Pacific region. Kulicke and Soffa Industries, Inc. was founded in 1951 and is headquartered in Singapore.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/15 23:38|
|End of Day Share Price||2020/02/14 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.